Nalyze the main components of IMF approach to economic stabilization and the controversy over it

􀀀 Clear, well organised structure
􀀀 Sound understanding of theories and topics with correct exposition
􀀀 Relevance to question
􀀀 Main issues and themes identified and explored
􀀀 Evidence of original thought, analysis and execution
􀀀 Ability to relate evidence to theory
􀀀 Accurate and insightful use of theory
􀀀 Evidence of wide reading
􀀀 Good referencing with bibliography
Could you please include qoutes from the following:
-IMF approach to economic stabilization: does one size fit all?
(Available at
-Stanley Fischer, Ratna Sahay, Carlos A. Vegh, Stabilization and Growth in Transition
Economies: The Early Experience, The Journal of Economic Perspectives, Vol. 10, No. 2
(Spring, 1996), pp. 45-66
-S. Gomulka, 2000, Macroeconomic Policies and Achievements in Transition Economies,
1989-1999, Centre of Economic Performance, LSE
(Available at
The basics are that the author and date of the publication is cited within the text of the essay. For
example, if discussing Anders Aslund views on the nature of communism, cite him at the end of
the discussion as (Aslund, 2002, Chapter 1). If directly quoting him then include the page number
(Aslund, 2002: 28). The publications then should be included in a bibliography at the end of the
essay. The following is an example:
Aslund, A (2002) Building Capitalism. The Transformation of the Former Soviet Block,
Cambridge: Cambridge University Press.
For a journal article, then include the article as:
Aslund, A., P. Boone and S. Johnson (1996), How to Stabilize: Lessons from Post Communist
Countries , Brookings Papers on Economic Activity, 26 (1): 217-313.